MCL - Index of Act 20 of 1943

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
Act 20 of 1943 INVESTMENT OF SURPLUS FUNDS OF POLITICAL SUBDIVISIONS (129.91 - 129.97a)
Section 129.91 Investment of funds of public corporation; eligible depository; secured deposits; funds limitation on acceptable assets; pooling or coordinating funds; written agreements; investment in certificate of deposit; conditions; “financial institution” defined; additional definitions.
Section 129.92 Repealed. 1997, Act 196, Imd. Eff. Dec. 30, 1997.
Section 129.93 Existing investments ratified and validated.
Section 129.94 Funds accumulated under eligible deferred compensation plan; deposit; investment; existing investments ratified and validated.
Section 129.95 Investment policy; adoption by governing body.
Section 129.96 Execution of order to purchase or trade funds of public corporation; providing copy of investment policy; public corporation subject to subsection (1); report.
Section 129.97 Long-term or perpetual trust fund; investment of assets; resolution authorizing investment officer same authority as investment fiduciary under MCL 38.1132 to 38.1140m; conditions.
Section 129.97a Investment of assets of special revenue fund by investment officer; resolution granting authority; annual special revenue fund report.